The operational challenges that manufacturers face today, including rising raw-material costs, energy price hikes and competition from low-cost imports, has them asking: How can we stay competitive under these conditions?
Although it's unclear what exactly it is that's sparked this recent increase, most of the threats appear to be coming from anonymous accounts on social media.
Maersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously expected impact.
Stefan Benett, managing director with Inverto, discusses the challenges of obtaining sufficient production capacity and raw materials to keep Europe’s energy sector on track to achieve “net-zero” emissions targets.